World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.1075/bushel, down $0.025 from yesterday's close.  Dec 24 Wheat closed at $5.785/bushel, down $0.1625 from yesterday's close.  Nov 24 Soybeans closed at $10.045/bushel, down $0.0175 from yesterday's close.  Dec 24 Soymeal closed at $323.8/short ton, up $0.9 from yesterday's close.  Dec 24 Soyoil closed at 39.11 cents/lb up 0.18 cents from yesterday's close.  Oct 24 Live Cattle closed at $177.225/cwt down $0.425 from yesterday's close.  Oct 24 Feeder Cattle closed at $239/cwt down $0.125 from yesterday's close.  Oct 24 Lean Hogs closed at $79.925/cwt up $1.475 from yesterday's close.  Oct 24 WTI Crude Oil closed at $70.48/barrel up $1.83 from yesterday's close.  &n...

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feed-grains soy-oilseeds wheat

Market Commentary: CBOT Trying to Find New Ranges

The CBOT saw more bullish influences on Monday from Friday’s WASDE report in which USDA slashed the 2024 U.S. corn and soybean yields. After considering the numbers and implications over the weekend, traders decided there was enough demand for both products and, if USDA’s latest numbers are cor...

Coming Nominations Hearings

President-elect Trump’s inauguration is in one week. In the meantime, the Senate will soon start confirmation hearings on several of his cabinet nominees. Here’s a look at a few of those upcoming hearings.The Energy and Public Works Committee will consider the nomination of former Rep. Lee Zeld...

Greedflation’s Weaknesses; UPF Attack

Greedflation’s WeaknessesThe U.S. government is suing apartment owners for using RealPage software algorithms for setting rents. The grocery industry may be the next target of this assault. Critics charge RealPage of price fixing since its software optimizes what rental companies can charge. Be...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Trying to Find New Ranges

The CBOT saw more bullish influences on Monday from Friday’s WASDE report in which USDA slashed the 2024 U.S. corn and soybean yields. After considering the numbers and implications over the weekend, traders decided there was enough demand for both products and, if USDA’s latest numbers are cor...

Coming Nominations Hearings

President-elect Trump’s inauguration is in one week. In the meantime, the Senate will soon start confirmation hearings on several of his cabinet nominees. Here’s a look at a few of those upcoming hearings.The Energy and Public Works Committee will consider the nomination of former Rep. Lee Zeld...

Greedflation’s Weaknesses; UPF Attack

Greedflation’s WeaknessesThe U.S. government is suing apartment owners for using RealPage software algorithms for setting rents. The grocery industry may be the next target of this assault. Critics charge RealPage of price fixing since its software optimizes what rental companies can charge. Be...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.765/bushel, up $0.06 from yesterday's close. Mar 25 Wheat closed at $5.45/bushel, up $0.1425 from yesterday's close. Mar 25 Soybeans closed at $10.53/bushel, up $0.2775 from yesterday's close. Mar 25 Soymeal closed at $307.8/short ton, up $9.5 from yester...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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